Rude Baguette - Intro to the Paris Startup Scene

Rude Baguette - Intro to the Paris Startup Scene

• 1.
  INTRO TO THE PARISSTARTUP SCENE Liam Boogar Editor, Rude Baguette
• 2.
  AGENDA 2 PARIS STARTUP SCENE 101 ‣ Background: Who the F*CK am I? ‣ History: 100 years of French innovation in 1 slide ‣ French tax laws – tough on revenue, but loves R&D ‣ French Engineers – underpaid & overqualified ‣ The Startup Scene – Who/What you need to know ‣ The French Market – penetrate it.
• 3.
  INTRODUCTION 3 WHO AM I? ‣ Born in the Silicon Valley ‣ Moved to France in 2010 ‣ Rude Baguette – France’s Startup Blog ‣ Launched in November, 2011 ‣ 30K UV/month today ‣ 47% readers in France ‣ Referenced by TechCrunch, Pandodaily, GigaOm & TechMeme in last 60 days
• 4.
  Intro to theParis Startup Scene 100 YEARS OF FRENCH INNOVATION IN ONE SLIDE
• 5.
  100 YEARS OFFRENCH INNOVATION IN 1 SLIDE 5 THEN TODAY 7,500 in 2011 Well-developed (2nd in Europe, Top Schools in France Technical 4th in World) Are for Engineers Infrastructure
• 6.
  Intro to theParis Startup Scene FRENCH TAXES. TOUGH ON REVENUE. GOOD FOR R&D.
• 7.
  FRENCH TAX LAWS– FAVORING R&D OVER REVENUE 7 CIR: Subsidized R&D up to €100M JEI Status: Subsidized employment of designers & developers 1st year: 40% 2nd year: 35% 20% tax on top of salary Every year onwards: 35% € 40K salary = you pay €48K All R&D beyond instead of €60K €100M subsidized at 5% OSEO: €650M SMB Grants for innovation, expansion, and R&D
• 8.
  FRENCH ENGINEERS –OVERQUALIFIED / UNDERPAID 8 Facts Traditionally underpaid in 1000s of new engineers coming out startups (35-40K€/year) of France’s top engineering schools Myths 35 Hour Work Week Impossible/Expensive to Fire
• 9.
  Intro to theParis Startup Scene THE PARIS STARTUP SCENE: WHO WHAT WHERE
• 10.
  THE PARIS STARTUPSCENE: WHO/WHAT/WHERE 10 Who you should know… ENTREPRENEURS STARTUPS Xavier Niel Iliad (Free/Free Mobile) – made his money in Minitel Marc Simoncini Meetic – Founding Partner, Jaina Capital JB Rudelle K-Mobile Kiwee, Criteo Tariq Krim Netvibes, JoliCloud Jacques-Antoine Granjon (JAG) Vente-Privée VC FIRM NOTES / INVESTMENTS (1- 5M €) ISAI Invests 1/quarter: BlaBlaCar, Shopmium, Commerce Guys (~1M €) Jaina Capital Takes Majority Stakes: Appsfire, Plyce (Seed +Series A) Elaia Partners Allmyapps, Criteo, Sigfox, Scoop.it, Ykone (300K €) IMA Ventures Sparrow, Rapportive, Paper.li, FreshPlanet Partech, Ventech, 360 Capital, Omnes Capital, Xange “Most Active Angel Investors in the World” -BI
• 11.
  THE PARIS STARTUPSCENE: WHAT? 11 WHAT WE DO WELL. eCommerce Internet of Things Beautiful Apps Marketplaces
• 12.
  THE PARIS STARTUPSCENE: WHERE? 12 SILICON SENTIER
• 13.
  Intro to theParis Startup Scene THE FRENCH MARKET. PENETRATE IT.
• 14.
  THE FRENCH MARKET.PENETRATE IT. 14 A FEW FIGURES 65 Million #2 city in Inhabitants Europe #2 in VC in Europe 50 Million Internet Users #2 city in Europe
• 15.
  INTRO TO THEPARIS STARTUP SCENE 15 Q&A
• 16.
  INTRO TO THEPARIS STARTUP SCENE 16 THANK YOU. @LIAMBOOGAR [email protected]